Cairo-based Buguard raises $500,000 in seed funding round

Getty Images

The funding round was led by A15, with the participation of angel investors

Staff Writer, Arab Finance

August 7, 2023

PHOTO

Egypt-based cybersecurity and dark web monitoring firm Buguard has raised $500,000 in a seed funding round, as per an emailed press release sent to Arab Finance.

The funding round was led by A15, with the participation of angel investors.

The secured amount will be used to bring in new team members, while focusing on shoring up products, sales, and channel partnerships.

“We are already globally facing clients across the world, but our immediate strategy is to grow even stronger in the GCC. We look forward to expanding into Saudi Arabia during 2023 and using our proceeds to help fulfil our significant growth potential,” Buguard’s Founder and Chief Technology Officer Youssef Mohamed commented.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO